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Oct 17, 2016

Alibaba To Let VR Shoppers Pay With A Nod

What Happened
Alibaba’s Ant Financial recently demonstrated a payment service developed by its incubator F Lab that allows shoppers to confirm their purchases in virtual reality simply by nodding their heads. Dubbed VR Pay, the new payment system is…

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Nov 10, 2015

Global Watch: Alibaba Acquires China’s YouTube

What Happened
China’s leading ecommerce giant Alibaba has acquired Youku Tudou, China’s leading digital video site, for $3.67 billion. Previously, Alibaba held a 18.3% share in the online video company. Pending regulatory approval, Alibaba will…

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Aug 11, 2015

Ecommerce Giants Continue Move Into Physical Retail Space

What Happened
Amazon has signed a lease for a prime warehouse formerly used by Tesco as a distribution center, in preparation for the imminent U.K. launch of its grocery delivery service. Similarly, Alibaba announced a $4.5…

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Jul 7, 2015

Amazon Celebrates 20-Year Anniversary With “Prime Day” Sales Event

Read original story on: ZDNet

To celebrate its 20-year anniversary since launch, Amazon is planning a one-day-only sales event dubbed “Prime Day” that aims to encourage both transaction…

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May 14, 2015

Why Messaging App Tango Launched In-App Shop

Read original story on: TechCrunch

Mobile messaging app Tango is taking a page out of WeChat’s playbook with the launch of an in-app commerce service called Tango Shop. Initially available in the US, Tango’s e-commerce…

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Mar 31, 2015

Would You Pay With Your Face?

Read original story on: Re/Code

Forget mobile payment — in the near future, customers may be able to complete a transaction with a selfie. At the recent CeBit Conference in Germany, Alibaba CEO Jack Ma demonstrated a payment system using facial…

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Mar 13, 2015

Why Snapchat Is Looking To Broadcast Live Sports

Read original story on: Digiday

As part of its continuing effort to diversify content and evolve into a media platform, Snapchat is now working to get live sports in its “Our Story” feature, starting with the NCAA Final…

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Nov 18, 2014

Global Watch: Secrets To Alibaba Record-Smashing Single’s Day Sale

A new global e-retail record was set on November 11 when Chinese e-commerce giant Alibaba finished its annual sale on Single’s Day — a new holiday in China popularized and trademarked by Alibaba to encourage…

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Oct 23, 2014

What Alibaba Is Courting Hollywood For

Read original story on: AdAge

Armed with $25 billion from its historic IPO, Alibaba is now following the footsteps of Netflix and courting Hollywood for entertainment content to sell to Chinese consumers through its set-top boxes. Its…

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Sep 19, 2014

Alibaba Just Had The Biggest IPO In History

Alibaba, the leading company in China’s ecommerce industry, opened at $92.70 a share on the New York Stock Exchange today, making it the biggest public offering in U.S. history. This is hardly surprising to anyone who knows the company, as it is the most…